Producer Prices in Latvia increased 15.80 percent in July of 2021 over the same month in the previous year. source: Central Statistical Bureau of Latvia

Producer Prices Change in Latvia averaged 4 percent from 2005 until 2021, reaching an all time high of 17.70 percent in April of 2007 and a record low of -9.30 percent in August of 2009. This page provides - Latvia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Producer Prices Change in Latvia is expected to be 13.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Producer Prices Change is projected to trend around 4.10 percent in 2022 and 3.50 percent in 2023, according to our econometric models.

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Latvia Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
15.80 12.40 17.70 -9.30 2005 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-24 10:00 AM Apr 5.1% 3.4% 4.1%
2021-06-21 10:00 AM May 8.3% 5.1% 7.4%
2021-07-21 10:00 AM Jun 12.4% 8.3% 9.7%
2021-08-20 10:00 AM Jul 15.8% 12.4% 12.6%
2021-09-21 10:00 AM Aug 15.8%
2021-10-21 10:00 AM Sep
2021-11-22 11:00 AM Oct
2021-12-21 11:00 AM Nov


News Stream
Latvia Producer Inflation at Near 13-Year High
Producer prices in Latvia accelerated 12.4 percent year-on-year in June of 2021, following a 8.3 percent increase in the previous month. It was the highest jump in producer prices since September of 2008, as prices advanced at a faster pace both for exports (15.0 percent vs 10.0 percent in May) and domestically sold products (9.4 percent vs 9.3 percent). Across industry sectors, producer inflation rose faster in all categories: manufacturing (13.6 percent vs 9.3 percent); water supply (17.8 percent vs 14.9 percent); electricity, gas, steam & air conditioning supply (6.1 percent vs 1.9 percent); and mining & quarrying (5.9 percent vs 3.6 percent). On a monthly basis, producer prices grew 3.8 percent, after a 2.1 percent vs gain in May.
2021-07-21
Latvia Producer Prices Rise the Most in 10 Years
Producer prices in Latvia jumped 8.3 percent year-on-year in May of 2021, following a 5.1 percent rise in the previous month. It was the steepest increase in producer prices since April of 2011, as prices advanced at a faster pace both for exports (10.0 percent vs 7.1 percent in April) and domestically sold products (6.3 percent vs 2.9 percent). Across industries, producer inflation quickened for manufacturing (9.3 percent vs 6.4 percent); water supply (14.9 percent vs 10.9 percent); and electricity, gas, steam & air conditioning supply (1.9 percent vs -2.1 percent). On the other hand, prices in mining & quarrying advanced at a softer pace (3.6 percent vs 3.7 percent). On a monthly basis, producer prices rose 2.1 percent, after a 1.6 percent gain in April.
2021-06-21
Latvia Producer Inflation at 2-1/2-Year High
Producer prices in Latvia climbed 5.1 percent year-on-year in April of 2021, the highest reading since December of 2018, after a 3.4 percent increase in the previous month. Upward pressure came from prices of both exported products (7.1 percent vs 5.5 percent in March) and domestic (2.9 percent vs 1.2 percent). Among industries, producer inflation quickened for manufacturing (6.4 percent vs 4.4 percent), mining (3.7 percent vs 1.4 percent) and water supply (10.9 percent vs 7.8 percent), while costs declined at a soft pace for utilities (-2.1 percent vs -2.2 percent). On a monthly basis, producer prices jumped 1.6 percent, after a 1.4 percent increase in March.
2021-05-24
Latvia Producer Inflation at 2-Year High
Producer prices in Latvia rose by 3.4 percent year-on-year in March of 2021, the highest annual producer inflation since May of 2019, after a 2.1 percent increase in the previous month. Main upward pressure came from prices of exported products (5.5 percent vs 3.3 percent in February) while cost on the domestic market also increased (1.2 percent vs 0.7 percent). Among industries, biggest increases were seen for water supply (7.8 percent vs 6.4 percent), manufacturing (4.4 percent vs 2.8 percent) and mining and quarrying (1.4 percent vs 0.3 percent). The only cost decrease was seen in utilities (-2.2 percent vs -2 percent). On a monthly basis, producer prices rose 1.4 percent, after a 1.2 percent increase in February.
2021-04-23

Latvia Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.